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Spending on industrial research and development 2009 (intentions)
- In total, businesses anticipated their spending (in current dollars) on industrial research and development (R&D) to reach $16.1 billion in 2009, essentially unchanged from the previous two years.
- Firms in the information and communications technologies sector anticipated total R&D expenditures of $6.2 billion, or 38.5% of the total in 2009. Businesses performing R&D related to pharmaceuticals and medicine anticipated investments of $1.7 billion, or 10.3% of the total. Both proportions are in line with historical levels.
Note: Spending intentions for 2008 and 2009 are preliminary indications of the direction of R&D investment intentions. They do not represent absolute values of R&D spending, and should therefore be used with caution. In response to the global economic downturn, survey respondents may have adjusted their R&D spending for the last two quarters of 2008 and for all of 2009 after providing their intentions.
In addition, estimates of R&D spending for 2007 represent the latest year of actual spending data in the time series. However, these data will be revised when Statistics Canada has received processed tax credit forms for scientific research and experimental development outstanding at the time these estimates were finalized or revised after audit by the Canada Revenue Agency.
